Virginia Klausmeier (left) makes her pitch for Garage Technology Ventures to invest in her clean diesel fuel company, Sylvatex, to Bill Reichert and Joyce Chung, two of the firm's general partners.
Credit Cindy Carpien / NPR
Credit Courtesy of Arthur Rock
Arthur Rock in the 1970s. In 1968, he helped Gordon Moore and Robert Noyce found Intel — the only company he invested in that he was certain would succeed, he says. Rock was later a founding investor in Apple Computer.
Think of the most technologically innovative companies of the past 50 years, such as Intel, Apple, Google, Facebook and Twitter. Each company has a Silicon Valley address — and each one got backing from venture capitalists. Over the past decade, more than 35 percent of the nation's venture capital has gone to Silicon Valley startups.
High-tech and venture capital go hand and hand in the valley where technology and venture capital grew up together.
A final report from Los Angeles coroner is shedding some light on Whitney Houston's last hours.
According to the report, the pop super star complained of a sore throat and an assistant suggested she take a bath. By the time the assistant got back to the room after running an errand, she found Houston lying face down on in the tub "in approximately 13-inches of water," People Magazine reports.
What's plentiful in upstate New York? Cows and prison inmates, to name a few things.
Reformists in the two communities don't make natural allies, but organizer Lauren Melodia is trying to do just that.
"I was living in this prison town, and at the same time, the dairy industry was in a lot of turmoil," Melodia tells The Salt. "We thought this [dairy] might be the perfect ally in trying to build a different economy in upstate New York, and shift some of the economic dependency away from the prison system."
Much of the Republican political establishment, many GOP voters and political analysts were telling Rick Santorum that the time had come for him to end his quest for his party's presidential nomination even before Tuesday when he failed to win any of three primaries.
Those calls had only increased by Wednesday as Santorum fell further behind Romney in the delegate count.